Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 38.16

+2.5%

Nov 7 9:30 AM EST

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To: royco who wrote (23781)	6/15/1999 1:26:00 AM
From: Sonny McWilliams	Read Replies (1) of 27012

Hello Royco. Well, I am glad I called and got at least you out of the woodwork. gg. Sonki's Marimba. Well, I got into it at close to 60 and it hurts. Actually, a lot of my internets are hurting. AOL, RNWK, PSIX, RRRR and some odd and end ones are still up. Luckily I took some profit in RNWK. Too bad I didn't do this with AOL. But I am keeping it for the long run. I really think that all this is overdone on the downside. It's still a bluechip internet company. The fear of free ISP in Europe and this cable stuff has taken its toll. I have heard comments like: AOL will make more money in the future on commerce and advertising and will not be dependent on monthly fees. And everybody seems to forget in the mambo jumbo of cable talk that AOL and Bell Atlantic will come out with DSL later this summer. I have told myself that I would buy more if it goes under 100. But it descended so fast that I have not gotten to it. Another down day and more of this baby will be mine. And I don't care if it DOES go down further. Hopefully I will be smiling next year. I don't think you will have to worry about AMAT and the like. I think they will be pretty busy with Intel's new wafer. The telecoms, including equipment cos., will keep on trucking. I hope you have LU etc. WCOM will also do its thing. It has been at least a 50% grower and the CEO sees no reason for that to stop. I am also in WGAT. Read up on it. It looks like it could do something. Qwest is worth nibbling on after todays free fall. Oh yes. Don't let me forget to reply to those possible interest rate hikes. I am with you. Where is the beef? But you and I don't get the money some of those hawks get. Yes. By all means: Let's stop possible inflation and flush the economy down the toilette. There is this rumor out there that some hedge funds got in trouble with bond trading or something like that. Maybe this could be the reason for all this jawboning? Got to help those guys out again? But it's just a rumor and I heard it only in passing. I have no idea why Mr. Greenspan mentioned that we may have to be cautious of this productivity boom not lasting forever. Umm, umm. Even Mr. Barksdale, formerly CEO of Netscape, made a remark about Mr. Greenspan mentioning this. He opined that there was no reason to bring something like this up. Should business now just throw up its hands and say: Alright. That's what Mr. Greenspan thinks, so let's not try anymore? And when Mr. Barksdale was asked how long he thought that this productivity could go on, he said: At least another 20 or 30 years. I guess he believes that the internet will do the trick for business. Mr. Gerstner of IBM warned the Govt to keep their hands off the net for the near future. He said: Don't mess with this baby while it's in its infancy. Great words. And the economic committee chairman (darn, forgot his name right now)a Republican from Fla. said today that we should not take Mr. Greenspans cautious words about productivity as a hint that rates will be raised. Alright. This is it. Here I am on late again and I am still tired from my little vacation. Don't be a stranger. Sonny

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